Within oil marketing companies, Macquarie prefers HPCL over BPCL and IOCL. In the broader energy value chain, it favours GAIL in the midstream segment, while in downstream gas distribution, MGL is preferred over IGL.
Within oil marketing companies, Macquarie prefers HPCL over BPCL and IOCL. In the broader energy value chain, it favours GAIL in the midstream segment, while in downstream gas distribution, MGL is preferred over IGL.